News by M

While details are still scarce, we believe opportunities are ample given the latest GDV estimate of RM140 billion.

“The company will make the appropriate announcement to Bursa Malaysia in a timely manner in accordance with the Main Market Listing Requirements of the bourse, as and when necessary.”

Abu Talib testified that he received cheque worth RM300,000 from the former PM, PMO.

Any plastic waste factories not sited within the park will be considered illegal.

“I believe if we can improve the mentality of the B40, especially in the low-cost housing schemes and improve the quality of life in terms of their knowledge, exposure, networking and communication, the whole country will see a leap in nation building.”

Tan Sri Lim Kang Hoo-linked stocks Ekovest Bhd and Iskandar Waterfront City Bhd (IWCity) recorded strong buying interest, with Ekovest surging to a one-year high of 97 sen, up 30 sen or 44.8% this afternoon. The counter was the most active on Bursa Malaysia with some 231.19 million shares traded as at 3.49pm.

Datuk Asmadi Abu Talib, who is Umno Padang Serai division chief, told the High Court that he received a RM50,000 cheque from Najib by hand soon after he was selected as a Barisan Nasional candidate for the Merbau Pulas state seat in the constituency for the 14th General Election.

“Assuming 50% of this comprises construction cost, this would present RM70 billion worth of potential job flows. Moreover, the emphasis of local content in the construction process would further stimulate local construction activities.”

The Malay reserve land status of the area will also be preserved with such a plan.

The research house said the value has emerged given that IOI Properties' share price has fallen about 15-20% in the past three months.